Gold daily price charts for the futures contract. See TradingCharts for many more commodity/futures quotes, charts and news.
As of last Tuesday, March 2, the Large Speculators in COMEX gold were NET long just 189,638 contracts. That's their smallest NET position since the survey dated June 11, 2019—taken just days before the June 2019 FOMC meeting, where The Fed formally changed course and began cutting the ...
If there are short-run and long-run relationships between gold and silver futures prices, it implied that gold can be used as a predictor to forecast the silver as well. It will provide an opportunity to market participants, investors, hedgers, arbitragers and speculators. The traders can ...
Ahead of last Friday's late spike to a $2000 gold price, hedge funds and other leveraged speculators in Comex gold futures and options grew their bullish positions by 22% from a week earlier, while cutting their bearish bets as a group by 26%. Overall, that pushed the net long position ...
Long-time COT-watching traders will note that is the largest one-week reduction in commercial net short positioning since the April 7, 2009 report, when the commercials covered or offset a then startling 28,703 contracts, or 16%, with gold at $881. ...
Figure: 9 December Net House Activity Interestingly, BoA had spent the entire year building long positions in gold only to see them nearly wiped out in December. One more dive deeper shows that in mid-December, BoA was actually out ~9,500 contracts, nearly 1,800 higher than the end of ...
Alternatively, if they couldn’t make actual delivery of the metals (and they can’t), the Hateful-8 would be forced to cover their own COMEX shorts and go net long once gold and silver prices climbed (i.e. “squeezed” them) beyond their control. ...
Long-time COT-watching traders will note that is the largest one-week reduction in commercial net short positioning since the April 7, 2009 report, when the commercials covered or offset a then startling 28,703 contracts, or 16%, with gold at $881. ...